$10,000 Closing Credit*
$899,000
3,054 SqFt
4 Beds
•4 Full Baths
Rebecca Waxman, Listing Office: McEnery Residential, LLC
Is Uptown, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Uptown was a Seller's Market.
Key Takeaway
Uptown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Uptown, LA
How much do homes in Uptown, LA cost?
Median Sold Price
$622,500
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$91,009(-12.8%)
Key Takeaway
Homes in Uptown have sold for 12.8% less than they did a year ago.
Summary: The median home sold price in Uptown was $622,500 in October 2024, down 12.8% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $270K | +7.1% |
| 2 Bedrooms | $432K | $465K | +7.6% |
| 3 Bedrooms | $766.5K | $615K | -19.8% |
| 4 Bedrooms | $794.5K | $925.8K | +16.5% |
| 5+ Bedrooms | $890K | $972.5K | +9.3% |
Summary: Uptown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes decreased by 19.8%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Milan | $420K | $410K | -2.4% |
| West Riverside | $650K | $613.7K | -5.6% |
| Uptown | $713.5K | $622.5K | -12.8% |
Housing Supply in Uptown, LA
How many homes are available in Uptown, LA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Uptown real estate market had 42 homes for sale in October 2024, a 23.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Uptown housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 1 | -90.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Uptown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Uptown in October 2024, down by 90.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Uptown, LA
How long does it take to sell a home in Uptown, LA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 170 Days | +320.8% |
Summary: Homes in Uptown had an average of 170 days on market in Oct 2024, up by 320.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Uptown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Uptown; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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